To Control Beef Prices Argentina Lifts Cattle Slaughter Weights Again

Bloomberg reports Argentina’s government has increased weight requirement for cattle slaughter for the second time this year in an effort to control beef prices.

Starting May 1, cattle must be at least 165 kilograms (364 pounds) to go to slaughter without penalty, up from 154 kilograms which was the new requirement set earlier this month. Previous to the restriction at the start of April the minimum weight had not changed in two years.

By declining beef supplies, the Argentina government plans to limit the country’s per capita consumption by 20 percent. Heavier cattle at slaughter will the amount of beef available on the market. In 2010, Argentina is expected to have 4 million fewer cattle according to the Argentine Rural Society. That equals 30 percent less cattle slaughtered than in 2009.

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Source: www.BusinessWeek.com

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